Standard Chartered Private Equity (SCPE) will secure a seat on the board of Vietnam-based agribusiness firm Loc Troi Group, which was the PE investor’s second investment in the Southeast Asian country. The development was confirmed by Loc Troi, formerly known as An Giang Plant Protection Company, prior to its shareholder meeting… Read more »
By Nguyen Thi Bich Ngoc
KKR had acquired stake in Masan Nutri-Science from Masan Group, PENM Partners.
Vietnam’s startup ecosystem has got a leg up with a handful of VC and PE players committing dedicated funds and additional dry powder to allow a free runway for entrepreneurs in the fast-growing region.
Pete Vo, a former Deutsche Bank and CitiGroup banker, has joined CVC Capital Partners as managing partner for the private equity firm’s Singapore office from August, a move seen as the UK-headquartered investment firm’s effort to foray into the Vietnamese market. At CVC Capital, Vo is responsible for looking for… Read more »
The Vietnamese deal space has seen a slew of transactions within the last couple of days, as several foreign funds have registered to sell stakes of steel product manufacturer Hoa Phat Group, while in the realty segment, Hoa Binh Group, which is active in a number of industries – from… Read more »
Private equity (PE) firm PENM Partners, formerly known as BankInvest, has successfully raised its fourth PE fund in Vietnam, with $120 million signed up for the first closing, in June. A second closing is expected within the next 12 months for a fund size totaling $180 million. Private Equity New… Read more »
Vietnam’s private equity (PE) market is growing at a fast pace. In fact, PE investment has been one of the more significant drivers behind the country’s recent economic growth, says consulting group Grant Thornton. A young population and a burgeoning middle class are the main reason for the flow of investment, though not all of it… Read more »